Guelph Real Estate Statistics

Guelph Real Estate Price Trend
Guelph real estate average sold price in the last 30 days (March 10 - April 8) was $765,342, which is $42,979 (5.6%) higher than the average price of $722,363 in the previous 30 day period (February 9 - March 9), and $24,203 (3.2%) down from the same period 1 year ago ($789,545). Guelph real estate prices over the last 30 days are also $21,084 (2.8%) lower than the average selling price of $786,426 over the past year.
Guelph average sold price for homes was $877,153 in the last 30 days (March 10 - April 8), which is $2,303 (0.3%) down from the average home price of $879,456 in the previous 30 day period (February 9 - March 9), and $58,482 (6.7%) lower than the same period 1 year ago ($935,635). In the last 30 days Guelph the average home price was $39,825 (4.5%) lower than the average selling price of $916,978 over the last 12 months.
Average Guelph condo sold price over the last 30 days (March 10 - April 8) was $586,592. During this period it was $36,470 (6.2%) up from the average price of condo of $550,122 during the previous 30 days (February 9 - March 9), and $26,100 (4.4%) lower compared to the same period 1 year ago ($612,692). In the last 30 days Guelph the average condo price was $24,623 (4.2%) higher than the average selling price of $561,969 over the last year.
Average sold price of Guelph townhouse was $703,311 in the last 30 days (March 10 - April 8), up $128,256 (18.2%) from the average townhome price of $575,055 over the previous 30 days (February 9 - March 9), and $36,379 (5.2%) higher than during to the same period 1 year ago ($666,932). Over the last 30 days the average townhouse price in Guelph was $29,593 (4.2%) higher compared to the average selling price of $673,718 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Guelph real estate was $765,342 in the last 30 days (March 10 - April 8), which is collectively $1,356 (0.2%) lower than the average asking price of $876,725. This represents an increase of $3,386 (71.4%) compared to $4,742 (0.5%) Sold-Under-Asking price from the previous 30 day period (February 9 - March 9).
The maximum Sold Over/Under Asking ratio in Guelph during the last 12 months was recorded in June, 2023 with an average of $10,563 over the asking price, while the minimum occurring in December, 2023 with $21,063 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Guelph was 94.1% with 176 properties sold and 173 new properties listed in the past 30 days (March 10 - April 8). This represents an increase from 91.3% recorded during the previous 30 day period (February 9 - March 9), and a decrease from 106.3% compared to the same period one year ago.
Over the the last year the highest SNLR in Guelph was 137.7% recorded in July and the lowest was in September at 37.2%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 176 properties that were successfully sold in Guelph in the last 30 days (March 10 - April 8) was 22 days, which is 4 days less than 26 days average in the previous 30 day period (February 9 - March 9) and 4 days longer than during the same period a year ago (18 days).
There were 121 delisted properties in Guelph, those that got either Expired, Suspended or Terminated over the last 30 days (March 10 - April 8) with an average of 46 days on the market. This is 14 days shorter than the average of 60 days during the previous 30 day period (February 9 - March 9) and 10 days more compared to the same period last year average of 36 days on the market.
121 Guelph properties that didn't sell stayed on the market 109.1% longer than 176 that sucessfully sold over the last 30 days - 22 days when sold vs 46 days when delisted respectively.
Average Days on the Market in Guelph over the past 12 months for properties that have sold was 22.8 days, with 47.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
187 new properties were listed on the market in Guelph in the last 30 days (March 10 - April 8). During the same time 176 properties were sold and 121 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 110 properties (or 58.8%).
During the previous 30 day period (February 9 - March 9) there were 173 new properties listed, 158 sold and 80 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 218 new properties listed, the slowest - December with 48 new listings and a yearly average of 156 new listings per month.
New Real Estate Listings by Property Type
There were a total of 103 homes listed during the last 30 days (March 10 - April 8), which is 55.1% of all properties listed in Guelph. This is a 27.2% increase compared with a previous 30 day period (February 9 - March 9) and 51.5% up from the same period a year ago. Over the past year an average of 84 homes are were listed per month.
38 condo units were listed in the last 30 days (March 10 - April 8) in Guelph, which represents 20.3% of all new listings. This is down 32.1% from the prior 30 day period (February 9 - March 9) and 31.0% more compared to the same period last year. There were 34 condos listed per month on average during the last 12 months.
46 townhomes were listed over the last 30 days (March 10 - April 8) in Guelph, which is 24.6% of all new real estate inventory. This is a 27.8% more than during the previous 30 day period (February 9 - March 9) and 58.6% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 38 a month.
Real Estate Sales by Property Type
There were a total of 91 homes sold during the last 30 days (March 10 - April 8), which is 51.7% of all properties sold in Guelph. This is a 15.2% increase compared with a previous 30 day period (February 9 - March 9) and 35.8% up from the same period a year ago. Over the past year an average of 74 homes are were sold per month.
42 condo units were sold in the last 30 days (March 10 - April 8) in Guelph, which represents 23.9% of all sold properties. This is up 35.5% from the prior 30 day period (February 9 - March 9) and 44.8% more compared to the same period last year. There were 21 condos sold per month on average during the last 12 months.
43 townhomes were sold over the last 30 days (March 10 - April 8) in Guelph, which is 24.4% of all sold real estate. This is a 10.4% less than during the previous 30 day period (February 9 - March 9) and 13.2% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 38 a month.
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